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of a planned economy, beijing invited limited foreign investments in the 1980s. they wanted to spread the wealth around, so they chose locations based onultural connections and geography. from hong kong, then still british, adjacent guangdong was the natural place to invest. taiwan businesses preferred fujian. shanghai was passed over, in part because the communists feared its history, power and foreign influences. its fate changed when shanghai politicians ascended in beijing and designated their city a special economic zone in 1991. since then, shanghai has capitalized on its international legacy. ( man speaking mandarin ) translator: shanghai is the place where there has been a mixing of western culture with that of the east. shanghai has absorbed the best aspects of the cultures from around the world. woman: shanghai is what we call a learning location. it's where companies... foreign companies come to lrn howo do businessinhi, and it's where the chineseearn how do you do ithwest--me what aspects of each system can we meld gether to make it a pce whereneseearn how do you do ithw
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